165 results found for 'papa terra'

165 results found for 'papa terra'
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  • Petrobras: P-63 FPSO Conversion Completed (Brazil)

    19 June 2013

    Petrobras has announced that the FPSO P-63 left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) on Tuesday (18/06) after the modules were integrated and the unit was commissioned. The P-63 is one of the new units coming on stream in 2013 helping to increase oil production for Petrobras to reach the […]

  • FPSO P-63 Leaves Rio Grande Shipyard, Brazil

    19 June 2013
    Business & Finance

    The FPSO P-63 left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) on Tuesday (18/06) after the modules were integrated and the platform was commissioned. The P-63 is one of the new units coming on stream in 2013 helping to increase oil production for Petrobras to reach the production target of 2.75 […]

  • These nine platforms will help Petrobras boost production

    29 April 2014
    Business & Finance

    Petrobras, a Brazilian oil company, in a race to become one of the five largest oil producers in the world by 2030, has last year reached the unprecedented mark of nine platforms delivered, which will add a million barrels per day to their production capacity. The Company presents the information about these nine platforms completed […]

  • Wärtsilä lands FPSO operation and maintenance job off Brazil

    12 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Wärtsilä has been picked not only to operate power modules onboard an FPSO off Brazil but also for an optimised maintenance agreement.

  • Two Petrobras’ FPSOs Collide in Shipyard (Brazil)

    4 February 2013

    Two Petrobras’ FPSOs have collided in a shipyard in southern Brazil, after their moorings were dislodged by severe wind on Saturday, Reuters reports. According to the news agency, Petrobras said it would launch an investigation to assess the level of damage to the floating production storage and offloading units P-58 and P-63. The incident occurred […]

  • Petrobras Starts Production from P-58 in Parque das Baleias, Brazil

    19 March 2014
    Business & Finance, Operations & Maintenance

    Petrobras announces that the production platform P-58 started-up operation in the complex known as Parque das Baleias, off the coast of Espírito Santo state in Campos Basin, in line with the company’s 2014-2018 Business and Management Plan, through the well 7-BFR-7-ESS, a pre-salt reservoir producer, with an excellent productivity, as expected. P-58 is part of […]

  • BW Offshore Inks Contract with Statoil for Operation of FPSO Peregrino (Brazil)

    12 June 2012
    Business & Finance

    BW Offshore has signed a 5 year contract with Statoil for the operation of the FPSO Peregrino, with options for additional 15 years. The unit is operating on the Peregrino oil field offshore Brazil. BW Offshore will take over operation after a transition period of 6 months. BW Offshore is the world’s second largest FPSO […]

  • Petrobras, Chevron selling Maromba field

    7 July 2017

    Brazilian oil company Petrobras is looking to shed its stake in the Maromba field, in the Campos Basin, offshore Brazil. Petrobras, which is the operator of the Maromba, is selling its 70 percent ownership in the heavy oil field, along with its partner Chevron, which is looking to sell its 30 percent stake, as well. […]

  • Petrobras starts binding phase for sale of Maromba field stake

    4 October 2017

    Brazilian state-owned oil company Petrobras has started the binding phase for a proposed stake sale in the Maromba Field located in the Campos Basin offshore Brazil.  Petrobras is the operator of the Maromba field with 70% stake in partnership with Chevron which holds the remaining 30% stake. The Brazilian company revealed the partners’ intention to sell […]

  • US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset

    27 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for the resumption of production at another oil field in Brazil’s Campos basin.

  • BW Offshore, Statoil Ink FPSO Peregrino Contract (Brazil)

    12 June 2012
    Business & Finance

    BW Offshore has signed a 5 year contract with Statoil for the operation of the FPSO Peregrino, with options for additional 15 years. The unit is operating on the Peregrino oil field offshore Brazil. BW Offshore will take over operation after a transition period of 6 months. BW Offshore is the world’s second largest FPSO […]

  • Norway: BW Offshore Sees Strong Outlook

    10 May 2012
    Business & Finance

    BW Offshore, a global provider of floating production storage and offloading (FPSO) vessels to the oil and gas industry reported that the company’s operating revenues for the first quarter of 2012 amounted to USD 217.5 million, an increase of USD 9.4 million compared to USD 208.1 million in the fourth quarter of 2011. Earnings before […]

  • Two Petrobras’ FPSOs Collide in Brazilian Shipyard

    4 February 2013
    Business & Finance

    The P-58 and P-63 oil and gas platforms under construction at Brazilian Honorio Bicalho shipyard collided on Saturday after high winds disentangled their moorings. According to Reuters, Brazil’s state oil company Petrobras said that the platforms broke free of their moorings in port of Rio Grande, and the company is preparing to undertake an inspection […]

  • Norway: BW Offshore Posts Solid 2Q Results

    30 August 2011
    Business & Finance

    BW Offshore reports an EBITDA of USD 86.9 million in the second quarter of 2011 compared to USD 75.6 million in the previous quarter. Adjusted for currency hedges, the EBITDA in Q2 2011 was USD 93.4 million. The increase is mainly due to the contribution from the FPSO BW Pioneer. Including ongoing conversions, BW Offshore’s […]

  • BW Offshore eyes Maromba field offshore Brazil

    4 March 2019

    BW Offshore is contemplating to enter into agreements to acquire 100% of the Maromba field offshore Brazil from the present owners Petrobras and Chevron.

  • Out with the old FPSO after eight years, in with the new one at oil field offshore Brazil

    19 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    An FPSO is leaving an oil field off the coast of Brazil after spending eight years there, as another unit prepares to take its place once the field’s operator, Brava Energia gets the remaining requirements out of the way.

  • Additional Work on P-63 Platform-Vessel Completed

    26 August 2013
    Business & Finance

    The P-63 platform-vessel ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (August 23), after being finished, strictly within the set period, additional works resulting from a change in the underwater layout of the wells was carried out to adhere to environmental licensing conditions. The P-63, which is scheduled to start […]

  • Petrobras: Additional Work on P-63 FPSO Completed. Production Scheduled for October

    26 August 2013

    Brazil’s state-run oil company Petrbras has announced that the P-63 FPSO ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (August 23), after being finished, strictly within the set period, additional works resulting from a change in the underwater layout of the wells was carried out to adhere to environmental licensing conditions. […]

  • Wärtsilä receives major order from Brazil – to supply power solution for FPSO vessel

    4 May 2010

    Wärtsilä has signed a major contract with the Brazilian industrial group QUIP to supply a total integrated power solution for a new Floating Production Storage and Offloading (FPSO) vessel. The order includes three main power modules, commissioning, start-up as well as operational supervision. The vessel is unique in that it will be the first FPSO […]

  • Norway: BW Offshore Revenues Drop. Conversion of Two FPSOs Completed

    14 February 2012
    Business & Finance

    BW Offshore, the world’s second largest Floating Production Storage and Offloading (FPSO) owner and operator, reports an EBITDA of USD 72.8 million in the fourth quarter of 2011 compared to USD 76.7 million in the previous quarter. The decrease resulted mainly from the lower revenues from the OSX project as the project is completed. BW […]

  • Brazilian FPSO ticks first oil milestone off its list before ringing in new year

    1 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brava Energia has brought a floating production, storage, and offloading (FPSO) vessel off the coast of Brazil online, starting production at an oil field in the Santos Basin.

  • Norway: BW Offshore Completes Two FPSO Conversion Projects

    14 February 2012

    BW Offshore has completed Construction of the FPSOs BW Athena and BW Joko Tole and the units are currently in the final phase of commissioning before sail-away. The EPC project P-63/Papa Terra is also under completion in China until planned departure end of Q2 2012. The FPSO Ningaloo Vision has been sold to Apache in […]

  • Petrobras Oil Production in October Drops 1.2% on FPSO Issues

    4 December 2013

    Brazilian oi giant Petrobras has announced that the oil production (oil plus natural gas liquids – NGL) from all of its fields in Brazil averaged 1.960 million barrels per day (bpd) in October, remaining practically stable in relation to its production in September (1.979 mbpd). Taking into account the volume operated by Petrobras for its […]

  • Hamworthy: Electric Pumps Break Through in Brazil

    19 January 2011
    Business & Finance, Equipment

    Hamworthy has brought its electrically-driven deepwell cargo pump technology to a new market, following a breakthrough contract in the Brazilian offshore sector. The fluids handling specialist has received an order covering electric driven cargo pump systems for eight Floating Production Storage and Offloading vessels (FPSOs) from Brazilian shipyard Engevix Construcões Oceânicas S.A.. The equipment will […]

  • Petrobras’ Oil Production Stable in October

    4 December 2013
    Business & Finance, Operations & Maintenance

    Petrobras has announced that the oil production (oil plus natural gas liquids – NGL) from all of its fields in Brazil averaged 1.960 million barrels per day (bpd) in October, remaining practically stable in relation to its production in September (1.979 mbpd). Taking into account the volume operated by Petrobras for its partners, production reached […]